Highlights
- Sales over the Year and quarter: The company’s sales declined by -94.40% over the yearDecrease in net sales/revenue by -82.57%
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 215.52%Marginal increase in other income during this quarter, up by 44.87%.
- Profit over the Year and quarter: Significant improvement in profitability for Mahindra Lifespace Developers Ltd.. Notable increase of 13,137.04% in net profit Year to YearMahindra Lifespace Developers Ltd.’s profitability increased by 42.90% in this quarter.
- EPS over the Year and quarter: EPS increased by 15,300.00% Year to Year.EPS increased by 43.03%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 255.37 Cr | Rs. 81.99 Cr | Rs. 14.29 Cr | -82.57% | -94.4% |
Expenses | Rs. 282.74 Cr | Rs. 120.97 Cr | Rs. 68.39 Cr | -43.47% | -75.81% |
Operating Profit | Rs. -27.37 Cr | Rs. -38.98 Cr | Rs. -54.1 Cr | -38.79% | -97.66% |
OPM % | -10.72 % | -47.54 % | -378.59 % | -331.05% | -367.87% |
Other Income | Rs. 37.75 Cr | Rs. 82.22 Cr | Rs. 119.11 Cr | + 44.87% | + 215.52% |
Interest | Rs. 3.36 Cr | Rs. 0.33 Cr | Rs. 2.61 Cr | + 690.91% | -22.32% |
Depreciation | Rs. 3.1 Cr | Rs. 3.82 Cr | Rs. 3.82 Cr | + 0% | + 23.23% |
Profit before tax | Rs. 3.92 Cr | Rs. 39.09 Cr | Rs. 58.58 Cr | + 49.86% | + 1394.39% |
Tax % | -17.85 % | -30.07 % | -63.8 % | -33.73% | -45.95% |
Net Profit | Rs. 0.54 Cr | Rs. 50.02 Cr | Rs. 71.48 Cr | + 42.9% | + 13137.04% |
EPS in Rs | Rs. 0.03 | Rs. 3.23 | Rs. 4.62 | + 43.03% | + 15300% |
Today, we’re looking at Mahindra Lifespace Developers Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -94.4%. However, it did see a marginal slip of -82.57% from the previous quarter.Expenses decreased slightly by -43.47% quarter-on-quarter, aligning with the annual decline of -75.81%. Operating profit, while down -97.66% compared to last year,faced a quarter-on-quarter dip of -38.79%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -367.87%, but a shrinkage of -331.05% sequentially. Other income rose by 44.87% compared to the last quarter,despite an annual growth of 215.52%. Interest expenses surged remarkably by 690.91% from the previous quarter, yet the year-over-year decrease remains at a moderate -22.32%. Depreciation costs climbed by 0% quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.23%. Profit before tax grew annually by 1394.39% but saw an increase from the preceding quarter by 49.86%.
Tax expenses as a percentage of profits decreased slightly by -45.95% compared to last year, with a more notable quarter-on-quarter decrease of -33.73%. Net profit rose by 13137.04% year-on-year but experienced a 42.9% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15300% but a quarterly rise of 43.03%. In summary, Mahindra Lifespace Developers Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 255.37 Cr | Rs. 81.99 Cr | Rs. 14.29 Cr | -82.57% | -94.4% |
Expenses | Rs. 282.74 Cr | Rs. 120.97 Cr | Rs. 68.39 Cr | -43.47% | -75.81% |
Operating Profit | Rs. -27.37 Cr | Rs. -38.98 Cr | Rs. -54.1 Cr | -38.79% | -97.66% |
Net Profit | Rs. 0.54 Cr | Rs. 50.02 Cr | Rs. 71.48 Cr | + 42.9% | + 13137.04% |
EPS in Rs | Rs. 0.03 | Rs. 3.23 | Rs. 4.62 | + 43.03% | + 15300% |
In reviewing Mahindra Lifespace Developers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -94.4% year-on-year, although there was a slight dip of -82.57% from the previous quarter.Expenses decreased by -75.81% compared to the previous year, with a decrease of -43.47% quarter-on-quarter. Operating Profit dropped by -97.66% annually, and saw a -38.79% decrease from the last quarter.
Net Profit showed yearly increase of 13137.04%, and experienced a 42.9% increase from the previous quarter. Earnings Per Share (EPS) rose by 15300% annually, however rose by 43.03% compared to the last quarter. In essence, while Mahindra Lifespace Developers Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.